Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.025%
Price spread now: Binance against Bitget+0.016%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$810.813% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.016%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.032% dearer against Bitget than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.017%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PYTHUSDT | 0.06442 | 0.0100 | pay 0.0050% / 4h | 6m 30s | $2.7M | $2.2M | 75x |
| Short | Binance PYTHUSDT | 0.06443 | 0.0062 | get 0.0031% / 4h | 6m 30s | $9.3M | $18.3M | 75x |
Bitget PYTHUSDT
Binance PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.98
- Price spread: +0.016% → −0.017%
- $3.22
- Slippage, 4 orders
- −$59.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.09
- Costs to cover
- 0.813%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 3.88 bp | 28.6 bp −$29 | 59.8 bp −$598 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.77 bp | 14.6 bp −$15 | 31.5 bp −$315 | 270.9 bp −$27.1K | doesn't fit |
PYTH on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | −0.0088% | 4h | 0.06441 | −0.016% | $1.1M | $519K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06456 | +0.213% | $192K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06460 | +0.279% | $10K | $10K | 10x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.825% | $553 | $220K | 5.5x | as long as short |
| MEXC PYTH_USDT | +0.0062% | 4h | 0.06442 | 0.000% | $10.5M | $2.7M | 125x | as long as short |
| Binance PYTHUSDTshort | +0.0062% | 4h | 0.06443 | +0.016% | $9.3M | $18.3M | 75x | |
| Aster PYTHUSDT | +0.0069% | 4h | 0.06456 | +0.217% | $21K | $45K | 10x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06451 | +0.140% | $193K | $210K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06448 | +0.087% | $23K | — | 3x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06439 | −0.045% | $3K | — | 10x | as long as short |
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
MEXC PYTH_USDT
Aster PYTHUSDT
Lighter PYTH
Aevo PYTH-PERP
Paradex PYTH-USD-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PYTH | +0.0100% | 1h | 0.06454 | +0.188% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06443 | +0.016% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06445 | +0.047% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06449 | +0.109% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDTlong | +0.0100% | 4h | 0.06442 | long leg | $2.7M | $2.2M | 75x | |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06445 | +0.047% | — | $2.7M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06458 | +0.247% | $37K | $60K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06472 | +0.470% | $39K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06450 | +0.127% | $2K | $2K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0102% | 4h | 0.06456 | +0.217% | $431K | $81K | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06493 | +0.792% | $40K | $19K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06442 | +0.007% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0406% | 1h | 0.06456 | +0.210% | $398K | $294K | 25x | as long as short |
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
BloFin PYTH-USDT
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD